ECB holds off on reinstating Greek waiver, waits for completion of prior actions

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ECB holds off on reinstating Greek waiver, waits for completion of prior actions

Economy 02/06/2016 - 16:43 Tags: Banking, ECB

Despite expectations to the contrary, the European Central Bank’s governing council did not reach a decision on Thursday regarding the reinstatement of waiver on Greek government securities.

According to sources familiar with the matter, the ECB could decide on the reinstatement of waiver any time after the ESM decision for the disbursement of the next tranche of 7.5 billion, even via a teleconference. This means that a decision could be ta...

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